InvestorQ : What are the terms on which Vodafone has managed to get funding commitments?
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What are the terms on which Vodafone has managed to get funding commitments?

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4 months ago
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There was some encouraging signals for Vodafone Idea as it has just got an initial proposal for up to $2 billion or Rs.15,000 crore as a line of credit facility from a consortium led by US investment firm Oak Hill Advisors. These are based on reports and nothing is confirmed.

The other investors that have given a non-binding term sheet to Vodafone Idea include Sixth Street, Twin Point Capital and Varde Partners. The proposed funding model will likely be a blend of bonds and warrants and could give the option of partial conversion to equity at a later date.

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